Thursday, 31 May 2012

Does a Multi-millionaire's son really need a Scholarship? Let's ask P-Diddy..

Scholarships back in the days used to be merit-based but today, we have needs based scholarships. The Million dollar question is 'Who really needs a Scholarship"? When I still use to strutter my way to elementary school, Scholarship was a big deal. Anyways, Kini big deal is a very big deal now O!. But is it the prestige that comes with earning a scholarship that is the main motivation behind it, or the fact that you could have your tuition half or totally slashed. Well, its a combination of both. Ten years ago, the former superseded the latter reason. It's probably not the same today with Scholarships and grants flying around everywhere (Which is a good thing, don't get me wrong).

Sean 'Diddy' Combs son Justin is set to attend UCLA on a full athletic Scholarship this fall.

So what do you have to say when the son of a Rap Mogul like P-Diddy earns a Scholarship? His father is worth approximately $550 Million, so just how much effect will a $54,000 scholarship have on Justin Combs? (See P-diddy's worth in this here). For Sean 'Diddy' Combs, he is indeed a proud father, and given his rise from grass to riches, this would mean just more than the money to him. He sure would be proud that his son is not in the streets, holding a gun and doing drugs, but channeling his energy towards fulfilling a 'good' dream.

Well, there's rich and there's 'diddy' rich. The man added $45 million to his empire in 2012 alone.
@iamdiddy can afford to throw away $2 million in one night outing at a strip club. So the public outcry is simple 'give the scholarship to someone who really needs it"...Lol. (I don't know for public sha! Anyway, #letsproceed).

(Video:Courtesy CNN)

In an interview with CNN, education contributor Dr. Steve Perry defended
Combs' merit-based scholarship, saying he earned it fair and square. At
the Upstate New York prep school where Combs recently graduated, he
maintained a 3.75 GPA while playing corner-back for the football team. "He's done what he needs to do to be successful and in 'Ameritocracy' we
have to accept that no matter who your father is, whether he be rich,
poor or absent, that you can in fact be successful on your own merit,"
Perry said.
Mr Justin's scholarship one of about 285 full athletic scholarships UCLA awards each year, according to a statement issued Wednesday. Still, some students are barking, calling on the athletic department to reconsider the scholarship altogether. Probably there's another athlete- student on the football team who could make use of it. Well, just like Mr Perry said, "small Diddy' earned his scholarship and I think it would be quite unfair to rip it off him. The Young diddy is even yet to play in a UCLA football game, but he's already on the receiving end of some controversy. He’ll don a blue and gold jersey for the Pac-12 Bruins this fall.

In its response to criticism over the award, UCLA stressed its "robust
financial aid program," 30 percent of which it said is funded by tuition
and fee revenue:

"Unlike need-based scholarships, athletic
scholarships are awarded to students strictly on the basis of their
athletic and academic ability — not their financial need. Athletic
scholarships, such as those awarded to football or basketball players,
do not rely on state funds. Instead, these scholarships are entirely
funded through UCLA Athletics ticket sales, corporate partnerships,
media contracts and private donations from supporters," the statement
said.